ISA Concerned over Refinery Exemptions

Talk of increased refinery exemptions causing Iowa biodfuels industry concern

The U.S. Environmental Protection Agency is reportedly set to double the exemptions allowing oil refineries to opt out of the amount of renewable fuels required to be blended into gas. The Executive Director of the Iowa Biodiesel Board, says the move could cost U.S. soybean farmers about one billion dollars in lost revenue. Grant Kimberly […]

ISA concerned over refinery exemptions

The Iowa Soybean Association rose serious concerns today over reported changes to small refinery exemptions under the Renewable Fuel Standard that could reduce domestic demand for biofuels made from U.S. soybeans.

Biofuels Industry, Soybean Growers Alarmed by Reports of Surging RFS Exemptions

Reports the Trump administration may double the volume of small-refinery exemptions from the Renewable Fuel Standard have alarmed farm and biofuel groups.

The U-S Environmental Protection Agency is reportedly set to double the exemptions allowing oil refineries to opt out of the amount of renewable fuels required to be blended into gas

The U-S Environmental Protection Agency is reportedly set to double the exemptions allowing oil refineries to opt out of the amount of renewable fuels required to be blended into gas. The Executive Director of the Iowa Biodiesel Board, says the move could cost U-S soybean farmers about one billion dollars in lost revenue. Grant Kimberly says the industry has just started recovering after two down years that saw some Iowa biodiesel plants slow or…

MSGA: Soybean farmers cannot afford another blow to domestic demand

The Minnesota Soybean Growers Association joins industry partners, including the American Soybean Association, in expressing deep disappointment amid reports that small refinery exemptions for the 2025 Renewable Fuel Standard (RFS) compliance year could far exceed previous government projections, delivering a major blow to domestic biofuel demand when Minnesota and U.S. soybean farmers can least afford it. Recent reports and analysis indicate sm…

US Biofuel Credit Market Faces Major Shake-Up From EPA Exemptions

Reuters reported that prices for U.S. ethanol blending credits plunged on Monday after the Environmental Protection Agency (EPA) extended a key compliance deadline and said it would rule on long-pending small refinery exemption requests by the end of August. The move sent a shock through the U.S. biofuel credit market. Conventional ethanol Renewable Identification Numbers (D6 RINs) fell to $1.75 each, down 34 cents from Friday and their lowest l…